Cameron Thies Timothy M. Peterson Intra-Industry Trade (Hardback)Another great item from Rarewaves USA | Free delivery!
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Cameron Thies Timothy M. Peterson Intra-Industry Trade (Hardback). Intra-Industry Trade calls for us to rethink what trade most often looks like and how it shapes global institutions, fostering peace among states. Trade composition matters, not just because it gives us a fuller understanding of how trade works, but also because intra-industry trade increases the likelihood of positive institutional relations and cooperation between states. Further DetailsTitle: Intra-Industry Trade Condition: New Subtitle: Cooperation and Conflict in the Global Political Economy Author: Cameron Thies, Timothy M. Peterson Format: Hardback EAN: 9780804791335 ISBN: 9780804791335 Publisher: Stanford University Press Genre: Business & Finance Release Date: 10/28/2015 Description: Intra-Industry Trade calls for us to rethink what trade most often looks like and how it shapes global institutions, fostering peace among states. Cameron G. Thies and Timothy M. Peterson argue that our understanding of trade has not kept pace with its changing nature in the 21st century; existing models, rooted in Ricardo's theories, regard trade uniformly as taking place between entities and countries that offer different commodities and operate according to the logic of comparative advantage. Though this type of exchange does take place, intra-industry trade—international trade of the same or similar commodities, in which foreign and domestic brands compete—is increasingly prevalent. The authors argue that our current academic and policymaking focus on the total volume of trade, rather than its composition, is misplaced. Trade composition matters, not just because it gives us a fuller understanding of how trade works, but also because intra-industry trade increases the likelihood of positive institutional relations and cooperation between states. To illustrate their point, the authors examine the effects that intra-industry trade has on Preferential Trade Agreement formation, its tendency to lessen World Trade Organization disputes and militarized conflict, and its ability to pave the way for new and fortified alliances. Language: English Country/Region of Manufacture: US Item Height: 229mm Item Length: 152mm Item Weight: 408g Series: Emerging Frontiers in the Global Economy Release Year: 2015 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.
